Being sued for a medical bill

[legend41]

What is the name of your state (only U.S. law)? WI

I am being sued for a medical bill. I know that I owe the money, and I know that many attempts were made by the hospital to collect the debt. I know that I ignored them all. Now I am being sued and need to know that if I try to work out a payment plan now, will it be accepted or is it too late already? I can send them a small amount, I owe $790.00 and can send about $10 a month to pay off the debt.

 

[Antigone*]

What is the name of your state (only U.S. law)? WI

I am being sued for a medical bill. I know that I owe the money, and I know that many attempts were made by the hospital to collect the debt. I know that I ignored them all. Now I am being sued and need to know that if I try to work out a payment plan now, will it be accepted or is it too late already? I can send them a small amount, I owe $790.00 and can send about $10 a month to pay off the debt.

You need to ask them BUT I seriously doubt they will accept your pidley offer.

 

[Proserpina]

What is the name of your state (only U.S. law)? WI

I am being sued for a medical bill. I know that I owe the money, and I know that many attempts were made by the hospital to collect the debt. I know that I ignored them all. Now I am being sued and need to know that if I try to work out a payment plan now, will it be accepted or is it too late already? I can send them a small amount, I owe $790.00 and can send about $10 a month to pay off the debt.

I think the chances of the debt collector accepting that plan are virtually nil.

You'd be paying it off forever - can you imagine the interest that they'll tack on to that?

 

[tranquility]

At 5% interest it would take 96 months or 8 years. At 10% interest it would take 129 months or almost 11 years.

Although some of the collectors in the forum will come by with a more practical answer, but if you're really in hardship without a lot of assets, I'd accept 10% interest with everything paid off in three years.

That would be just about $25.51 a month.

But that's me. I'm generally a nice guy. Collectors? Your call.

 

[Antigone*]

At 5% interest it would take 96 months or 8 years. At 10% interest it would take 129 months or almost 11 years.

Although some of the collectors in the forum will come by with a more practical answer, but if you're really in hardship without a lot of assets, I'd accept 10% interest with everything paid off in three years.

That would be just about $25.51 a month.

But that's me. I'm generally a nice guy. Collectors? Your call.

Rhetorical question: Why on earth would I want to wait 11 years for my money when enforcing a judgement could wipe this debt out in relatively short order?

Answer to the question: I wouldn't

 

[tranquility]

I agree completely. But, if all I can seize is an old sofa and a black and white TV, I might wait three.

 

[legend41]

Thanks for the advice...

So can they or will they garnish my wages?

 

[Antigone*]

So can they or will they garnish my wages?

If they get a judgement they certainly have that option.